Yes, There's A Bubble, But It Ain't In AI -- EVs Vs AI -- LCID Vs PLTR -- August 7, 2023

Locator: 45374EVS.

Disruptive: EVs: 

• link here. Scorecard. 
• cash burn

Lucid: 2Q23.

Throwing good money after bad.

Link here.

Barron's link here.

And they talk about a "bubble" in AI. LOL.

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AI

This is the difference between AI and EVs.

Palantir: this has been all the rage for the past week. Don't confuse "Palantir" with "Peloton."

Link here.

From the linked article:

Palantir reported $28 million, or 1 cent per share, in net income, compared with a net loss of $179 million, or 9 cents per share, in the year-ago quarter. 

The data-analytics company said third-quarter revenue will likely be between $553 million and $557 million, ahead of the $552 million expected by analysts. The midpoint of the guidance implies 16% growth, a sequential acceleration after three years of gradual deceleration. 

“We anticipate that we will become eligible for inclusion in the S&P 500 after we report our financial results for Q3 2023 in early November,” CEO Alex Karp wrote in a letter to shareholders. “At that point, we will have been profitable on a cumulative basis over the preceding four quarters.” 

Palantir lifted its forecast for adjusted income from operations for the year to over $576 million, compared with a range of $506 million to $556 million in May. 

The company said its board approved a buyback program for the first time, with a capacity of up to $1 billion. 

Government revenue accounted for 57% of total sales. During the quarter Palantir announced a contract from the U.S. Special Operations Command that could be worth up to $463 million. The company’s fastest area of growth was international government revenue, which increased 31% to $76 million.

You're a conservative, cautious, smart, well-informed investor. Which would you prefer, LCID or PLTR?

Oh, LCID, huh?

Let me ask you again:  You're a conservative, cautious, smart, well-informed investor. Which would you prefer, LCID or PLTR?

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All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.  

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.